France's Budget Turmoil: Government Set to Bypass Parliament Amid Political Crisis

The French government plans to force through its 2026 budget without parliamentary approval after negotiations failed. Without compromise, a no-confidence vote is likely, threatening government collapse. Prime Minister Lecornu will propose an amended budget to address the high fiscal deficit, with potential use of controversial constitutional articles to pass it.

France's government is poised to push through its 2026 budget bill without a parliamentary vote following unsuccessful negotiations with lawmakers. This move could provoke a no-confidence vote, risking the government's collapse unless revisions satisfy Socialist demands.

Prime Minister Sebastien Lecornu will propose an amended budget on Friday, amid scrutiny from investors and ratings agencies concerned about France's fiscal deficit, the euro zone's highest. Lecornu is seeking ways to pass the new bill without parliamentary approval, undeterred by the potential fallout.

There are two contentious options: invoking Article 49.3 or Article 47 of the Constitution, both allowing passage without a vote. However, these measures face significant opposition. Lecornu emphasizes the budget's importance above political stability, aiming to cap the deficit at 5% of GDP.